The asset involved in the transaction is an office space located at 3211 Olympic Boulevard & 1855 Centinela Avenue in the Santa Monica market. The property has a total square footage of 14,361 and is characterized by features such as 22-foot ceilings and large private outdoor areas. The layout is designed with a focus on collaboration, catering to the tenant's demand for a hospitality-driven, non-corporate office environment.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Lease Term: 65-month
• Landlord: Vista Investment Group
• Tenant: Angel City Football Club
• Landlord's Representative: Mitch Stokes - Avison Young; Joe King - Madison Partners
• Tenant's Representative: Phillip Ruhl & John Zanetos - CBRE

The lease renewal was announced by Avison Young, reaffirming Angel City Football Club's commitment to a long-term tenure at Media Park Santa Monica, a 100,000-square-foot creative office campus. This lease reflects the growing trend towards flexible work environments that support collaborative and innovative work culture.